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-0.000892008764955761 -0.000106653221896999 0.00099866198685254 0.00197793247881476 -0.00215245593282789 -0.00200701972115046 9.69574744516173E-06 0.00143254668502391
Stock impact report

Costco Shares Rise After Blowout March Sales Beat Forecasts [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Costco stock climbed about 2% on early Thursday following the update. The retailer reported net sales of $28.41 billion for the five-week period ended April 5, an increase of 11.3% from a year earlier. Costco stock benefited from comparable sales growth of 9.4% across warehouses and digital channels. Costco stock has now gained roughly 20% since the start of the year. Warning! GuruFocus has detected 1 Warning Sign with XSAT:PLEJD. Is COST fairly valued? Test your thesis with our free DCF calculator. Truist Financial analyst Scot Ciccarelli described the performance as solid but maintained a Hold rating on Costco stock. He noted that a nearly 18 percent jump in gasoline prices drew more members to the company's pumps, which also lifted spending on fresh food and ancillary services. Costco stock trades at approximately 48 times annual earnings, a multiple that gives the firm pause. Ciccarelli sees balanced risk and reward for Costco stock at current levels and kept a $977 pri Show less Read more
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